Bword and STR hotel stock index dipped for about 0.2% in march

HENDERSONVILLE, TENNESSEE, and MILWAUKEE – Baird / STR Hotel Index rose 0.2% in March to a level of 5,131. Annually from the first three months of 2021, sales volume was 12.2%. Michael Bellisario, an industry analyst and supervisor at Baird, said, “Restaurants and hotel rooms were small in March but they have shown their brand as strong investors in departmental security and gaming. the number of vaccines increased. to progress; Athletes know this well, we hope to start a business transformation and environmental questionnaire could be similar this year. The STR leader said: “The best March rates in the US for a year, supported by holidays and vacations. Home inspections during Q1 actually take place in front of our short forecast, indicating acceleration in the distribution of vaccines and travel. The TSA survey has now received more than 1 million announcements since March 11, combined with a sharp increase in levels on Thursday, can be seen as an indication of a return to corporate interest. at the end of the year. In March, the Baird / STR Hotel Index fell after the S&P 500 (+ 4.2%) and the MSCI US REIT Index (+ 3.9%). Hotel prices fell 0.3% from February to 8,811, while the REIT Price Index rose to 1,304.